gener8tor Celebrates 12th Successful Program

MILWAUKEE – gener8tor celebrates its twelfth successful program at its Premiere Night event in Milwaukee on November 20, 2017.

Premiere Night is an invitation-only celebration of gener8tor’s latest class of innovative startups and entrepreneurship. For the three months leading up to Premiere Night, gener8tor’s group of entrepreneurs have been validating their business models, attracting customers and preparing their pitches.

The six companies in gener8tor’s Milwaukee 2017 program will pitch their business models in front of a captive audience of investors, entrepreneurs and community members. gener8tor attracted 601 applicants for this Milwaukee 2017 program, resulting in a less than 1% acceptance rate.

In this class, three of the six companies are based out of Milwaukee, while two are from Chicago and one is from New York.

“Each company has seen tremendous success and growth over the last 12 weeks and we are happy to introduce them to the broader Wisconsin entrepreneurial community,” said gener8tor Co-Founder Troy Vosseller.

“We founded gener8tor in 2012 with the hope that it would become a vehicle through which we could more effectively invest in the state’s best and brightest,” said gener8tor Co-Founder Joe Kirgues. “We couldn’t be happier to work with three companies founded by home-grown entrepreneurs.”

SteamChain ( http://www.steamchain.io ) – Milwaukee, Wis.Michael Cromheecke, CEO: mike@steamchain.io
SteamChain enables original equipment manufacturers (OEMs) to offer usage-based financing (hardware-as-a-service) to their customers. Under the status quo, customers pay OEMs based on milestones before, during and after delivery of machines. Leveraging blockchain, SteamChain enables OEMs to be paid on the productivity of the machine over its lifecycle, increasing the OEMs long-term financial upside and better aligning incentives with their customers.

About gener8tor
gener8tor is a nationally ranked accelerator that invests in high-growth startups. Three times a year, it invests up to $140K in each of five startups who receive a concierge experience during our 12-week program. gener8tor supports the growth of these startups through its network of experienced mentors, technologists, corporate partners, angel investors and venture capitalists.

gener8tor’s 59 alumni have cumulatively raised more than $120M in follow-on financing. Of these 59 alumni, 57% have raised more than $1M in follow-on financing or have been acquired.

For more information about gener8tor, visit www.gener8tor.com or follow us at @gener8tor.

Accelerator program will focus on social impact nonprofits and for profits

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